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TranSwitch's New HDplay Products with MHL Capability Support Mobile Device Connectivity for HDTVs and Pico Projectors

LAS VEGAS --(Business Wire)--

TranSwitch
Corporation (NASDAQ: TXCC),
a leading provider of semiconductor solutions in the rapidly growing
consumer electronics and telecommunications markets, today announced new
HDplay™ products with MHL™ capability to support mobile device
connectivity for HDTVs and pico projectors. MHL is a video interface
standard that is optimized for smartphones, tablets, and other portable
consumer electronics. The Company's new HDplay transceivers represent
the industry's first and only single-IC solutions offering HDMI®,
DisplayPort™, and MHL connectivity in support of new market trends for
HDTVs and pico projectors.

A recent report by DisplaySearch
projects that the global HDTV market will grow from 245 million units in
2012 to over 275 million units in 2016. Pico projectors represent a new
generation of devices designed to project video content onto a wall or
screen. According to a recent report by Pacific
Media Associates, the emerging pico projector market is expected to
grow from 3 million units in 2011 to 58 million units in 2015. Many
HDTVs and pico projectors are expected to add MHL video interface, which
is optimized for mobile devices, in addition to HDMI and DisplayPort.
According to the MHL
Consortium, there are over 100 global licensees of the standard,
including TranSwitch (News - Alert), which is helpin to drive adoption of MHL in
multimedia products.

"Working closely with leading OEMs and ODMs, TranSwitch is adding mobile
connectivity support to its HDplay product portfolio to address new
market trends driving the performance, cost, and functionality
requirements of next-generation HDTVs and pico projectors," said Amir
Bar-Niv, Senior Vice President and General Manager of the High Speed
Interconnect Business at TranSwitch. "As the industry's only single-IC
to combine HDMI, DisplayPort, and MHL connectivity standards, our new
HDplay transceivers address the needs of leading customers to offer
smartphone and tablet connectivity in their products, while reducing
design complexity, minimizing cost, and maintaining performance up to 4K
x 2K resolutions. We are very pleased to announce these solutions during
the 2013 International CES (News - Alert), where we will continue our engagement with
market leaders through scheduled meetings and demonstrations with most
of the industry's top HDTV manufacturers."

As new HDTVs continue to adopt multiple connectivity standards, the
requirements for cost-effective solutions that offer interface standard
flexibility while maintaining video performance increases.
Simultaneously, pico projectors continue to reduce in size and require a
solution that delivers high performance connectivity, while minimizing
space requirements. TranSwitch's HDplay transceivers leverage
TranSwitch's unique MHDP™ technology to combine HDMI, DisplayPort, and
MHL functionality in a single IC. This represents a compelling solution
for HDTV and pico projector manufacturers to add MHL-enabled mobile
connectivity to their devices by helping to reduce design complexity,
cost, space requirements, and time-to-market.

TranSwitch's new HDplay transceivers provide a single, tri-mode input
port supporting HDMI 1.4b, DisplayPort 1.2, and MHL 2.0. The TXC-44151
has been optimized for DTVs, projectors, pico projectors, and converters
by providing a single HDMI 1.4b output supporting resolutions up to 4K x
2K. The TXC-44155 has been optimized for pico projectors by featuring a
flexible 24b LVTTL parallel output. Samples of the TXC-44151 and
TXC-44155 will be available early in the second quarter of 2013.

HDMI 1.4b output with 3Gbps TMDS for higher resolution formats,
including support for 3D and 4K x 2K (TXC-44151 only)

24b LVTTL parallel output to support formats with resolutions up
to 1080p / UXGA (TXC-44155 only)

Low-power consumption in operating and standby modes

TranSwitch at the 2013 International CES

The Company will feature its HDplay products at its hospitality suite
located at the LVH Hospitality Suites, MP40024 and MP40026.
Additionally, active demonstrations of customer solutions powered by
HDplay will be showcased at its hospitality suite, January 8th
through 11th.

###

About TranSwitch Corporation

TranSwitch Corporation (Nasdaq: TXCC) provides innovative integrated
circuit (IC) and intellectual property (IP) solutions that deliver core
functionality for video, voice, and data communications equipment for
the customer premises and network infrastructure markets. For the
customer-premises market, we offer multi-standard, high-speed
interconnect solutions enabling the distribution and presentation of
high-definition (HD) video and data content for consumer electronics
applications. We also provide a family of best-in-class communications
processors. For the network infrastructure market we provide integrated
multi-core network processor System-on-a-Chip (SoC) solutions for Fixed,
3G and 4G Mobile, VoIP and Multimedia applications. TranSwitch's
customers are leading consumer electronics and telecom equipment
companies around the globe. To learn more, please visit http://www.transwitch.com
or follow us on Facebook
or Twitter.

Safe Harbor Statement

This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. All
forward-looking statements are subject to certain risks, uncertainties
and assumptions. These risks and uncertainties, which are more fully
described in TranSwitch's Annual and Quarterly Reports filed with the
Securities and Exchange Commission, include changes in market conditions
in the industries in which the Company operate and risks in product
development and market acceptance of and demand for TranSwitch's
products and products developed by TranSwitch's customers. Should one or
more of these risks or uncertainties materialize, or should the
assumption prove incorrect, actual results may vary in material aspects
from those currently anticipated.